Frost & Sullivan: Investment Banks in Middle East to Remain Profitable with High Growth in 2014

The global investment banking domain changed significantly since the financial slowdown; the industry that experienced high growth half a decade ago is now stagnant. Investment banks that were considered too big to fail are facing litigation issues that translate into huge costs, affecting profitability. Most investment banks either already announced or are scheduled to announce new strategies and operating models to make the organization leaner, more productive and profitable.